Excerpt from:  GFT Analysts in the News
.
May 19, 2008

Australian Dollar Falls from High in Forex Trading

Aussie retreats in currency trading
The Australian dollar briefly enjoyed a 28 year high in forex trading against the US dollar earlier today. Commodities helped the Aussie gain in currency trading.

However, the Australian dollar is down in forex trading right now as the US dollar begins gaining some momentum, and some traders engage in profit taking.
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Topic Tags:  Aussie currency trading, Australian dollar forex trading, currency trading, forex trading, profit taking, US dollar forex trading

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